25
Mar
04:44
Zijin Mining reports 5.4% increase in net profit
Shanghai-listed mining group Zijin Mining posted a 5.4% increase in its net profit last year reaching CNY 21.12 billion ($2.9 billion), Kallanish learns.
The company attributed the increase to its production expansion in copper and gold amid surging prices of these two and declining prices of lithium. Its average copper concentrate prices last year rose around 4% on-year to CNY 49,406/tonne, with cost per unit standing at CNY 19,998/t.
In 2023, the co…
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Anonymous
Very good overview of the weekly steel market.
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